Oriole Inc., a publicly traded company, had 144,000 common shares outstanding on December 31, 2019. During...
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Oriole Inc., a publicly traded company, had 144,000 common shares outstanding on December 31, 2019. During 2020, the company issued 6,000 shares on May 1 and retired 15,000 shares on October 31. For 2020, the company reported net income of $222,200 after a loss from discontinued operations of $43,000 (net of tax). Your answer is partially correct. Calculate earnings per share for 2020 as it should be reported to shareholders. (Round answer to 2 decimal places, e.g. 15.25.) Income per share before discontinued operations Earnings per share Discontinued operations loss per share, net of tax $ 0.3 Net income per share 1.53 1.83 Oriole Inc., a publicly traded company, had 144,000 common shares outstanding on December 31, 2019. During 2020, the company issued 6,000 shares on May 1 and retired 15,000 shares on October 31. For 2020, the company reported net income of $222,200 after a loss from discontinued operations of $43,000 (net of tax). Your answer is partially correct. Calculate earnings per share for 2020 as it should be reported to shareholders. (Round answer to 2 decimal places, e.g. 15.25.) Income per share before discontinued operations Earnings per share Discontinued operations loss per share, net of tax $ 0.3 Net income per share 1.53 1.83
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